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Backblaze Inc - BLZE STOCK NEWS

Welcome to our dedicated news page for Backblaze (Ticker: BLZE), a resource for investors and traders seeking the latest updates and insights on Backblaze.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Backblaze's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Backblaze's position in the market.

News
Backblaze to Announce First Quarter 2024 Results on May 8, 2024
Rhea-AI Summary
Backblaze, Inc. (Nasdaq: BLZE) will announce its first quarter 2024 financial results on May 8, 2024, after market close. The company, a leading cloud storage platform, will host a conference call and webcast to discuss the results. Shareholders can submit questions in advance through the Say Connect platform. The webcast will be available on the Investor Relations page of the Backblaze website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
earnings
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News
Backblaze Enables Automated Cloud Workflows With Event Notifications
Rhea-AI Summary
Backblaze, Inc. (BLZE) launches Event Notifications service to enable automated cloud workflows, empowering businesses to streamline processes and improve user experiences. The service allows instant data updates across different cloud platforms, eliminating the need for legacy intermediary tools like AWS messaging services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.32%
Tags
none
-
News
Backblaze Completes Trusted Partner Network Assessment, Receiving Blue Shield Status
Rhea-AI Summary
Backblaze, Inc. (BLZE) has joined the Trusted Partner Network (TPN) owned by the Motion Picture Association (MPA) to enhance trust and security in media workflows. This move showcases Backblaze's dedication to upholding TPN standards and serving the security needs of media and entertainment companies amidst evolving content workflows and cyber threats.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
none
News
Backblaze Launches Next-Gen Cloud Workflow Tools, Security Announcements, and More at NAB 2024
Rhea-AI Summary
Backblaze Inc. (BLZE) will be showcasing new features and partnerships at the 2024 NAB Show to aid media teams in adapting to evolving technology. The company will focus on automating cloud workflows, enhancing media archive search with AI, and boosting security standards. Various presentations will cover topics like AI tools, remote production, media workflow optimization, and efficient content repository building.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
-
News
Backblaze Achieves StateRAMP Progressing Snapshot and TX-RAMP Provisional Authorizations
Rhea-AI Summary
Backblaze, Inc. (BLZE) has earned inclusion in StateRAMP’s Progressing Snapshot and the TX-RAMP Provisional programs, enhancing data security for education and government entities. The programs standardize security requirements, empowering public institutions to level up their security posture with verified security standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
none
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News
Backblaze’s Solutions Now Available on Carahsoft’s NASPO ValuePoint Contract
Rhea-AI Summary
Backblaze, Inc. and Carahsoft Technology Corp. announce the addition of Backblaze's cloud storage solutions to Carahsoft's NASPO ValuePoint contract, providing affordable and flexible data management options for Public Sector agencies. This partnership streamlines procurement processes, offering competitive pricing and reliable contracts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.12%
Tags
none
News
Backblaze Announces Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Backblaze, Inc. (BLZE) reports a strong finish to 2023 with a 47% revenue growth in B2 Cloud Storage and 25% revenue growth overall in Q4. The company achieved adjusted EBITDA profitability for the first time as a public company, showing accelerated revenue growth, improved profitability, and cash usage metrics. Key financial highlights include revenue of $28.7 million in Q4, with B2 Cloud Storage revenue at $14.0 million. Full-year 2023 revenue was $102.0 million, with B2 Cloud Storage revenue at $46.4 million. Operational highlights include an increase in annual recurring revenue, net revenue retention rate, and number of customers. Backblaze also launched new products and features, such as Powered by Backblaze and Backblaze Computer Backup With Enterprise Control. The company's financial outlook for Q1 2024 and full-year 2024 shows expected revenue and adjusted EBITDA margin ranges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
45.15%
Tags
earnings
-
News
Backblaze Launches Powered by Backblaze to Enable Platform Providers to Offer Cloud Storage
Rhea-AI Summary
Backblaze, Inc. (Nasdaq: BLZE) launches 'Powered by Backblaze' program, offering Custom Domains and Partner API to enable businesses to seamlessly provide cloud storage for their customers. The program aims to simplify the offering of object storage within branded user experiences, empowering companies to focus on customer success and revenue growth. Custom Domains and the Backblaze Partner API are the two key features of the program, allowing businesses to serve content to end users from their chosen web domain and provision Backblaze B2 Cloud Storage storage accounts from within their own platform, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.57%
Tags
none
-
News
Backblaze to Announce Fourth Quarter and Fiscal Year 2023 Results on February 15, 2024
Rhea-AI Summary
Backblaze, Inc. (Nasdaq: BLZE) will report financial results for its fourth quarter and fiscal year ending December 31, 2023 on February 15, 2024. The company will host a conference call and webcast to discuss the results. Shareholders can submit and upvote questions in advance through the Say Connect platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
earnings
News
Backblaze Names David Ngo Chief Product Officer
Rhea-AI Summary
Backblaze, Inc. (Nasdaq: BLZE) has appointed David Ngo as Chief Product Officer (CPO), a veteran in the Software as a Service (SaaS) data protection industry. Ngo will lead the global product management function, shaping strategy, technology roadmap, and execution. With over 500,000 customers and three billion gigabytes of data storage under management, Backblaze aims to continue its success in moving up-market and guiding overall product direction for existing and emerging customer needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.48%
Tags
none
Stock BLZE logo
Backblaze Inc

Nasdaq:BLZE

BLZE Rankings

#3198 Ranked by Market Cap
#1665 Ranked by Stock Gains
N/A Ranked by Dividends

BLZE Stock Data

376.71M
35.70M
23.39%
27.43%
3%
Software Publishers
Information
Link
United States
San Mateo

About BLZE

backblaze provides the lowest cost cloud storage and cloud backup services worldwide. $5/month for unlimited backup of your mac or pc for individuals and businesses. $0.005/gb/month for cloud storage; ideal for developers and it.